PropertyCasualty360: Property & Casualty Insurance News & Tips

The Gamble

propertycasualty360

Two Massachusetts brothers who each lost a leg in the Boston Marathon bombing face losing their state health insurance if they cash the charity checks they received after the event.

Risk Overseas: Loss Control Differs from One Country to Another

propertycasualty360

Risk management or loss-control measures a company can take to mitigate the effects of a terrorist event vary a great deal depending on the geographic location, what you do as a business, and the industry youre in, says Ben Tucker, Head of Terrorism and Political Violence for XL U.S.
Nowhere to Run

Bonnie Cavanaugh

NU interviewed Rob Schimek, president & CEO of the Americas for AIG Property Casualty, on the carriers thoughts about a continued federal backstop for terrorism risk insurance.

Terrorism Risk: Anywhere, Anytime

Bonnie Cavanaugh

Risk managers look mostly at two areas of terrorism insurance: property and workers' comp, says RIMS' Carolyn Snow.
The Clock Is Ticking

Bonnie Cavanaugh

Prepping for the next terrorism attack on U.S. Soil is on the minds of many insurers as the country nears expiration of TRIA. The fear is not if, but rather when another assault on the U.S. occursand conversely, not when the industry pays those claims, but if it is able...
Hidden Threat: Workers Comp Claims from Terrorism Without TRIA

Bonnie Cavanaugh

It is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act is not renewed, but some industry experts fear workers compensation could be the biggest source of claims in any future attack on U.S. soil.

National Underwriter Property & Casualty-October 2013-Special